Familiar F&I company U.S. Warranty Corporation, known in dealership F&I departments nationwide for its extended service protection contracts, has signed on for the second year in a row as a ...
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Synchrony returns as sponsor of 2022 Powersports Business Accelerate Conference
Synchrony, a premier consumer financial services company that delivers customized financing programs across powersports, is returning for a second year as a sponsor of the 2022 Powersports Business Accelerate Conference. ...
Read More »Digital retail financing company adds OEM partnership
Powersports vehicle purchasers will get an additional retail financing prospect with news that a digital lender and a major OEM have teamed up as partners. A little more than a ...
Read More »2022 Sea-Doo Switch to get retail financing boost from Octane
More great news for dealers coming out of the inaugural Powersports Business Accelerate Conference, with sponsor Octane revealing that it will be providing digital financing options for Sea-Doo Switch pontoon ...
Read More »Sheffield Financial adds retail financing contract with EV company
Sheffield Financial, a division of Truist Bank, and ICON EV., LLC, recently agreed to a multiyear financing services agreement effective immediately. The agreement allows Winston-Salem, North Carolina-based Sheffield to provide ...
Read More »TCFIF selected as exclusive floorplan provider for side-by-side manufacturer
The floorplan financing world in the powersports industry just took an interesting turn with news that one of the newest side-by-side manufacturers has turned to TCF Inventory Finance to provide ...
Read More »Triumph adds subprime lending partner for dealers
Triumph Motorcycles America and Ironhorse Funding have announced a multi-year financing program agreement. After a successful pilot program in 2020, Triumph Motorcycles America has contracted with the lending and servicing ...
Read More »New installment loan program launches for dealers
The addition of a fully online, 100% paperless installment loan program allowing for a one-stop solution for motorcycle dealers has been launched by Irving, Texas-based Fuel Capital Group, Inc. Their ...
Read More »Average down payment on used motorcycles over past year revealed
Exclusive data for Powersports Business readers from CDK Global Lightspeed shows retail financing trends on the sale of 827,000 new and/or pre-owned major units sold between July 1, 2019 and ...
Read More »CDF meeting reveals recent ‘significant retail strength’: analyst
A research note provided to Powersports Business from Wells Fargo Securities analyst Tim Conder reveals takeaways from a July 14 roundtable call with Wells Fargo Commercial Distribution Finance (CDF) colleagues. ...
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